Tag: funding

Moonveil raises $5.4m in seed funding for web3 gaming

Moonveil Entertainment, a web3 gaming studio, has unveiled a $5.4 million seed investment round, co-headed by Gumi Cryptos Capital and Arcane Group. The investment was spearheaded by Gumi Cryptos Capital and Arcane Group, with additional contributions from Longhash, IOSG, and Infinity Ventures Crypto. Established in the final quarter of 2022, Moonveil has been operating under the radar until its recent announcement. The studio’s leadership comprises industry experts who have previously worked with renowned companies such as Riot Games and Tencent. Moonveil is presently focused on developing two major projects: Astrark,…

The Hamas Funding Story Is Why Crypto Is Sick of the Mainstream Media

Today, Brown, who heads the powerful Senate Banking Committee, called for additional action against financing of terrorism, including cryptocurrency, and it seems many members of Congress are now willing to believe that the mere existence of cryptocurrency is a boon to people who kill and maim. Last week, following the WSJ report, 102 lawmakers wrote to the U.S. Treasury Department, demanding information as to what is being done to prevent the use of crypto to finance terrorism. Source

Vitalik Buterin participates in $6 million funding round for Nocturne 

As per an Oct. 25 post on X, Nocturne, a protocol enabling private, composable accounts on Ethereum, announced Bain Capital Crypto and Polychain would be leading their multi-million seed round. The round will be co-led by Bain Capital Crypto and Polychain with participation from Vitalik Buterin, the founder of Ethereum. Support from many known names In a follow up post, Nocturne shares that other participants in the funding round include Bankless Ventures and Robot Ventures, alongside angel participants such as Tim Beiko from the Ethereum foundation, Aaron Henshaw, the Head…

Bain Capital, Polychain, Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs

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BTC price pullback after $35K? Bitcoin funding rates turn ‘grossly positive’

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Bitcoin (BTC) consolidated near $34,000 after the Oct. 24 Wall Street open as the dust settled on 15% daily gains. BTC/USD 1-hour chart. Source: TradingView Opinions diverge on Bitcoin funding rates Data from Cointelegraph Markets Pro and TradingView tracked BTC price volatility through the day, with $34,000 a focus at the time of writing. The pair had previously hit 17-month highs near $35,200 on the back of fresh excitement over the potential approval of a Bitcoin spot price exchange-traded fund (ETF) in the United States. Analyzing the sequence of events…

BlackRock Sets Stage for Bitcoin ETF with Seed Funding

BlackRock has taken an important step forward by obtaining a CUSIP number for its iShares Bitcoin spot ETF. BlackRock Inc (NYSE: BLK), one of the world’s largest asset managers, recently made headlines by announcing its plans to provide initial “seed” funding for its spot Bitcoin Exchange Traded Fund (ETF). This strategic move was revealed in its recent securities filings, specifically through the SEC Form S-1, which is the initial registration form required for new securities by public companies based in the United States. BlackRock’s Ambitious Move Seeding an ETF, in…

Bitcoin to hit $45k in 2023 as funding rates signal FOMO, Matrixport says

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Crypto services provider Matrixport insists Bitcoin is still on track to reach $45,000 by the end of the year. Bitcoin (BTC) will keep growing to $45,000 this year as futures funding rates signal bullishness among traders. As crypto services provider Matrixport noted in an X post on Oct. 24, the Bitcoin futures funding rates stay “sky-high,” signaling a “FOMO-driven market.” 🚀 Bitcoin Update: FOMO Returns! 🚀 The #Bitcoin futures funding rate is sky-high, signaling a FOMO-driven market. Bitcoin dominance at 52.1%, with volumes soaring at $29bn traded in 24 hours.…

MangoBoost Raises $55M in Series A Funding Round, Aims to Compete in DPU Market

According to the startup, it will use the newly raised funds to improve its DPU hardware and software solutions. MangoBoost, a data processing units (DPU) developer, has raised $55 million in a Series A funding round. This brings its total raise, so far, to $65 million. Though it did not share its valuation, with the new funding, inside sources estimate that the company is now valued at around $300 million. MangoBoost to Use Fund to Enhance DPU Solutions According to the startup, it will use the newly raised funds to…

Blockaid Raises $33M in Funding to Strengthen Blockchain Security

Blockaid’s primary objective is to protect users from a range of security threats, including fraud, phishing, and hacking. Blockaid, a blockchain security startup, and partner of the popular MetaMask crypto wallet has secured $33 million in a Series A funding round, led by prominent industry venture capital firms, including Coinbase investor Ribbit Capital and early-stage VC firm Variant. Other participants in the funding round included Sequoia Capital, Cyberstarts, and Greylock Partners. The Blockaid $3 Million Boost Blockaid’s recent funding round through which it raised an impressive $33 million, speaks to…